Compensation
By February 1999, the victims' families had received USD $65,000 per victim as immediate help by the Italian government, which was reimbursed by the U.S. government. In May 1999, the U.S. Congress rejected a bill that would have set up a $40 million compensation fund for the victims. In December 1999, the Italian legislature approved a monetary compensation plan for the families ($1.9 million per victim). NATO treaties obliged the U.S. government to pay 75% of this compensation, which it did.
Read more about this topic: Cavalese Cable Car Disaster (1998)
Famous quotes containing the word compensation:
“... the compensation for a death sentence is knowledge of the exact hour when one is to die. A great luxury, but one that is well earned.”
—Vladimir Nabokov (1899–1977)
“I do not want to be covetous, but I think I speak the minds of many a wife and mother when I say I would willingly work as hard as possible all day and all night, if I might be sure of a small profit, but have worked hard for twenty-five years and have never known what it was to receive a financial compensation and to have what was really my own.”
—Emma Watrous, U.S. inventor. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)
“The only compensation which war offers for its manifold mischiefs, is in the great personal qualities to which it gives scope and occasion.”
—Ralph Waldo Emerson (1803–1882)